Ex-Iraqi Finance Minister Receives Seven Years Sentence over Corruption Charges

Convicted of misuse of public funds and corruption, former Iraqi finance minister Rafi' al-Issawi has been sentenced to seven years imprisonment, Iraqi Commission of Integrity announced on Wednesday.

According to a statement issued by the commission, the criminal court working with the commission issued the jail term against the former official during his absence under the Iraqi Penal Cope No. 340 for exploitation of public funds.

The court order for Issawi, the convicted fugitive, shall include the issuance of an arrest warrant against him, in addition to seizure of his movable and immovable properties, and allowing for the plaintiff [Ministry of Finance] to claim compensation before the civil courts after the decision has been finalized, the statement declared.

Essawi was accused of corruption and misuse of public funds by authorizing a contract between Rafidain Bank and an engineering company for the construction of a branch of the bank called “Aqaba Branch.”